Medicure (CVE:MPH) Hits New 52-Week Low – What’s Next?

Medicure Inc. (CVE:MPHGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.65 and last traded at C$0.65, with a volume of 7000 shares changing hands. The stock had previously closed at C$0.68.

Medicure Trading Down 4.4 %

The company has a quick ratio of 1.29, a current ratio of 2.03 and a debt-to-equity ratio of 4.65. The business’s fifty day moving average is C$0.79 and its two-hundred day moving average is C$0.87. The firm has a market cap of C$6.78 million, a price-to-earnings ratio of -3.34 and a beta of 0.90.

Medicure Company Profile

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Medicure Inc, a biopharmaceutical company, engages in the research, development, and commercialization of human therapies in the United States. The company markets and distributes AGGRASTAT injection, a glycoprotein GP IIb/IIIa receptor antagonist for the treatment of acute coronary syndrome, including unstable angina and non-Q-wave myocardial infarction.

Further Reading

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